As part of Hawthorn’s comprehensive services, a dedicated Banking Advisor is available to provide private banking services. We can help manage complex personal and business banking through the resources of PNC Bank, National Association (“PNC Bank”). Customized banking services help Hawthorn client families achieve their financial goals through both liquidity management and credit solutions.
As a Hawthorn client, you benefit from PNC Bank deposit solutions designed to manage liquidity with easy accessibility. Available services include wire transfers, treasury sweep accounts and foreign currency transactions. You may also choose products such as, Performance Select Checking, Virtual Wallet® with Performance Select, and Premium Money Market Accounts, Certificates of Deposits and Online/Mobile Banking and Bill Pay for a comprehensive, fully integrated banking solution.
In addition, effective use of credit is often a key component of sophisticated financial plans. Your Banking Advisor can discuss secured and unsecured credit options for both simple and complex financing needs. These credit options may include mortgage lending, including home equity loans and lines, unsecured and securities-based lending as well as specialized financing for businesses, aircraft and other large purchases. Customized loan structures may provide additional flexibility, helping you achieve short and long-term objectives that may include diversifying assets, growing a business or minimizing tax obligations.
For borrowers who establish and/or maintain a relationship with Hawthorn that includes at least $500,000 in deposit and/or investment balances, relationship discounts may be available for mortgages.
Coordination and convenience are the primary advantages of integrating your banking services with your overall wealth management plan. Your Banking Advisor can monitor your cash positions to confirm liquid assets are available when needed to implement your investment or other wealth strategies. For your convenience, your Banking Advisor can also coordinate cash balances from multiple family members, accounts, businesses and advisors.